tron update october3

The Walt Disney Company Invested $548 Million Less in Domestic Theme Parks This Year Than in 2020

According to the new fourth quarter and fiscal year report from The Walt Disney Company, it invested less in theme parks in 2021 than in 2020.

disney-investments-8677184

The table above shows investments in millions. Total investments for Disney Parks, Experiences, and Products dropped from $2,904 million to $2,272 million. Most of this change is accounted for by a $548 million investment drop in domestic theme parks.

Investment in Disney Media and Entertainment Distribution increased by $79 million, while investment in the corporate division increased by $109 million.

The total investments in parks, resorts, and other property dropped by $444 million.

The report states, “Capital expenditures decreased from $4.0 billion to $3.6 billion driven by the temporary suspension of certain capital projects since the onset of COVID-19 in fiscal 2020 at Disney Parks, Experiences, and Products.”

For more information on booking your next trip with our official travel agent sponsor, the Vacationeer, visit wdwnt.travel.

Disney Parks reported a 26% increase in revenue for the 2021 Fiscal Year over 2020.

For more on some of the “temporarily suspended” projects, read some of the following articles:

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  1. It defiantly shows. The parks quality have gone down from previous years. And with the price increases and the decrease of park quality is a recipe for disaster.

  2. Disney needs to see a return on Disney+ somehow and the parks will suffer as a result. Slowing D+ subscriptions coupled with poor decisions in content/programming have not helped drive subscriber growth. Wise, just wise…

  3. So now charging to have a fast pass which used to be included in your overpriced ticket and then saying they will cut portion sizes for food but not the price. They are putting less investment back into the theme parks? Such a failure of a company I hope they go bankrupt.

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